When I was operating my funeral home most of my energy went to taking care of the families I was serving, taking care of the staff I was leading, and taking care of the budget I was trying to meet.  Doing all of that didn’t always leave enough time to thoroughly look after the adminsitrative and regulatory burdens that needed attention from time to time.

As an owner of a funeral home and/or cemetery you have a fiduciary responsibility to those who deposit preneed funeral money, preneed cemetery merchandise money, and/or cemetery perpetual care money into your care.  You must acknowledge that responsibility and stay on top of the regulations, guidelines, and investment returns so that those funds deliver what they were intended for over time.

Sometimes that is difficult for funeral home or cemetery owners and/or directors to do simply because we are not schooled or trained in that environment. Most of those funeral home or cemetery operators also don’t have the extra time to pay detailed attention to all of those necessary issues. . . . .And, even if they do, most don’t have the expertise that is needed to operate those trust services in a fully competent and regulatory manner.

That’s where Regions Bank may come to help your business.  Regions Bank, as you can see from this explanation and video of their “Funeral Home and Cemetery Trust Services”, is one of the very few full-service financial institutions in the country to have a dedicated division serving the needs of funeral homes and cemeteries.

According to their website, Regions Bank operates in 37 states of the United States and is a national leader for “Funeral and Cemetery Trust Services”.  They operate in the following fields:

• Preneed Trusts
• Cemetery Merchandise Trusts
• Perpetual Care Trusts
• Pre-Construction Trusts

And, while you are busy operating your business on a day-to-day situation, Regions Bank will watch over your trust’s investment, legal, and administration situations.  From my perspective it may be the best way to make sure that your funeral home, cemetery, cemetery association, or other Death Care operation stays up to date with the fiduciary and regulatory responsibilities that is owed future clients.

Fow more information and who to contact at Regions Bank you can click here.

More news from the world of Death Care:

• Funeral director discusses rising costs.  The New Zealand Herald (New Zealand)
• “We count on people who care about the cemetery”.  The Sentinal (MN)
• North Kingstown family helping to redifine funeral care for south county residents.  The Independent (RI)

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